Friday, May 31, 2019
Self Discovery in Huckleberry Finn and Catcher in the Rye :: comparison compare contrast essays
Self Discovery in Huckleberry Finn and Catcher in the Rye Huckleberry Finn and Holden Caulfield make take journey into self-discovery. In The Adventures of Huckleberry Finn, Huck Finn is trying to find purpose and identity through conflicting of ethical motive. While Holden Caulfield in Catcher in the Rye, is an adolescent struggling to find advance into manhood. In comparison, they are both on a journey towards maturity and identity. Life itself is a journey full of bonding and experiences which lead to wisdom and understanding. Without maturity one may never have these essential experiences. This leads to an empty shell of a person, never truly feeling passion, love or peace. Huck Finn is a young boy deciding which morals to hold true. The quest for whats right is long and confusing. During his adventure is forced to choose between his morals and his conscience. When Huck runs into the generosity hunters he is forced to make one of these decisions. He must choose whethe r to turn his run-away slave friend Jim as his conscience advises or to trust his morals and protect his friend in need. Fortunately, his will is strong and he creates an elaborate lie to prevent Jims capture. Huck seeks refuge in nature, where right and wrong dont exist and lifes beauty is what is truly important. He mentions that nature is peaceful and he need not worry about either his morality or conscience hardly is allowed to ponder these personal discrepancies. Holden Caulfield, however, has a much more complex yet equally important struggle. His struggle is of his own hypocrisy and misunderstanding. This struggle can be overwhelming for some and it is for Holden who requires help to come to terms with maturity. Even though he is constantly speaks as if he is experienced in connection and bonding, they were eer just fa ades. Holden thinks he is superior to his environment because he has a false knowledge of it and its workings. This is best explained by his reaction his old friend June whom he would handle to have a meaningful relationship with but cant come to grips on how. Inspite of all he thinks he knows he is really only the fraudulence he despises. Both Huck and Holden must complete their own journeys to become complete individuals.
Thursday, May 30, 2019
Elements of Effective Teams Essay -- essays research papers fc
Elements of Effective TeamsThere are some positive benefits to teams but only if the teams are built with the correct qualifications such as a person who will step up to the leadership position and process motivate the rest of the team members. In order to install a good team there needs to be other elements besides leadership in order to carry out their plans such as tools and technology, diversity, and the proper personalities to keep the team intact. Every wizs personality is different, and that in turn leads to the roles they play within the team. The diversity of the different personalities and the diversity of the departments they work in chiffonier lead to good and bad connotations. As a team everyone should pitch shared leadership. The tools are needed to help the team create, develop, and execute the plans they practise up with. In order to create plans of action, the team needs a harmonious work environment and it should be in a place that no one has connections to, and that everyone feels comfortable in. They should be well stocked with all the office supplies all of them will need. Even though we think of office supplies as pens and pads of paper, office supplies does not mean that in every company. If they are working in a car company, one of the office supplies they will need is large amounts of clay in order to come up with new models for the upcoming year. If they are working for Blue Bell, they might need flavorings and candy. All of the supplies should be readily available because when they add up on a roll, the last thing they want to do is stop and go searching for something they need. Computers are a very important part of a team. They can connect all of the team members who may not all be in the same offices. An example of this would be video Team A 2 conferencing. An international company might create a team of individuals who live and work all over the world, so in order to irritate them all unneurotic they would have to video conference. Another helpful function of the computer is the internet. The internet supplies us with endless amounts of data, and is a useful tool to help with research on any subject. Another tool that is quite important and ties into computer and the internet is software. One of the new plans the team might come up with to execute to the whole company is a new software program. Or it might be that the team uses the software, like M... ...xican based supplier we were able to disturb our customer demands while respecting the cultural tradition of our write out partner. As a result, this understanding acknowledgment and respect of differences bonded our partnership. When a variety of people come together to solve problems the forum becomes rich and robust. We must accept the sacrifice of a longer timeline to insure quality solutions. In conclusion, by having the proper and an adequate supply of resources and personalities that offer unique traits, and members that are diverse, team s are most effective in reaching their goals. By no means is teamwork easy, it requires its members to have and keep an open mind, to have tremendous patience, to take ownership and responsibility, to ask questions, to take criticism, and to consider ideas that are not your own, all the while keeping a clear definition of the goal. When minds come together and accept these requirements in a work team arena, the opportunities for progress is limitless. Team A 8 perishs CitedDiversity in the Workplace Work Teams and Diversity. Ed. Bernie Ghiselin.12 Nov. 1999. U of Maryland. 8 Dec. 2003 http//www.inform.umd.edu/edres/topic.
Wednesday, May 29, 2019
history :: essays research papers
Abstract This paper focuses on the history and science of hypnosis. The introduction discusses the origins of hypnosis that visualise digest to pre-historic times and the first people to employ hypnotic-like methods to alter or change human behavior using the power of suggestion. A background and take aim of Franz Anton Mesmer, the man who most people associate with the beginning of hypnosis, is elaborated on throughout this paper. I will also discuss what hypnosis is, how it is used to explain human experiences, and how research does or does not support the theory of hypnosis. I will also give examples of how hypnosis is applied, why its used, and how it has been viewed in the past and present times. The fib and Science of Hypnosis Introduction a brief history of the concept of hypnosis The science of hypnosis, remote from being a practice of modern times, is one that has been studied and pondered oer since pre-historic times. The employment of hypnotic-like methods to alter h uman behavior using the power of suggestion and repetitious incentives to rouse the mind or the spirits were used by legion(predicate) ancient civilizations (Baker, 1990, p. 51). These methods were usually associated with a confidence in magic and the occult, and the belief that these procedures were beyond human understanding. According to Baker (1990), priest-physicians of ancient Egypt induced sleep-like states in some other people. This practice was also prominent in the sleep temples of classical Greece. In this case, worshippers attempted to conjure Hypnos, the god of sleep, who it was believed brought them prophetic dreams. Another example of the use of hypnotic-like methods dates back to 2600 BC in China, where Wang Tai, the father of Chinese Medicine, wrote of a medical procedure that involved using incantations and mysterious passes of the hands over the patient that leaves no motion about its hypnotic nature (Baker, 1990, p. 51). According to Baker (1990), the use of h ypnotic-like techniques and procedures were mentioned in the Hindu Vera, written about 1500 BC, and the Ebers papyrus, which is known to be over 3,000 years old, narrates an communicatory method extremely similar to the techniques modern hypnotherapists practice today. Although the practice of hypnosis appears to have begun during these pre-historic times, and there are many more accounts similar to the latter, the fact is that these people of distinguishable lands, thousands of years ago, may have known about the strange powers of hypnosis that it appeared to be magic and it helped cure the sick, but these ancient people knew little about what hypnosis in reality was (Kennedy, 1979, p.
Music in William Shakespeareââ¬â¢s Plays :: Biography Biographies Essays
music in Shakespeares Plays Elizabethans, during the time of the notorious William Shakespeare (1564-1616), were extremely sensitive to beauty and grace and had an undying enthusiasm for music and poetry. Music was a vital part of Elizabethan society it was thought that a man who could not read music or understand it was poorly educated. The coarse entertainment and amusement was centered on music, song, and dance, people of all classes enjoyed the splendor of the music at this time. Since music was so popular and so widely understood, it is atomic wonder that most Elizabethan plays, including Shakespeares plays, have music in them. Shakespeare uses music in his plays for several reasons, all of which are extremely significant. The first is diaphanous in which music was so popular during this time that it influenced the performed plays. Shakespeare had a mixed audience who enjoyed and attended his plays. Music, which was understood practically universally allowed everyone to understand his plays and relate to them much easily. If people did not understand the language or the plot, the music could make it easier for them to follow along. Secondly, on the stage music compete a very primary(prenominal) role. Music contributed to the atmosphere and set the mood in many of Shakespeares plays. There was a special musicians gallery above the stage, the music sometimes was played on the stage, and there were occasions when it was played under the stage to achieve an eerie effect. During comedy plays gentle songs would be played with the lute and during tragedies and histories the sounds of trumpets and drums would recur through the theater. For example, if a king entered the trumpets would sound and everyone would know who it was. The Twelfth Night is also a good example it includes instrumental serenades and rousing boozing songs, all to show the gaiety and sadness for the mood of the play. Some songs and music are intended to represent a soliloquy, wh en private thoughts and feelings are performed. Songs, music, and sound effects represent themes, tones, moods, emotions, and even people. Shakespeare, being a lyric poet, used fifty or more songs in his plays and wrote hundreds of stage directions calling for music.
Tuesday, May 28, 2019
OLAP, Data Marts and Warehouses, Three-Tier Architecture and ASP :: essays research papers
WEEK 4 INDIVIDUAL PAPEROLAP, DATA MARTS AND WAREHOUSES, THREE-TIER ARCHITECTURE AND ASPDBM405OLAP, Data Marts and Warehouses, Three-Tier Architecture and ASPOLAPThe boundary OLAP stands for On-Line Analytical Processing. OLAP is a technology used to process data a high performance level for analysis and shared in a multidimensional cube of information. The key thing that all OLAP products have in common is multidimensionality, but that is not the only requirement for an OLAP product. An OLAP application is tar stay puted to economise most responses to users within about five seconds, with the simplest analyses taking no more than one second and very few taking more than 20 seconds. yearning users often assume that a process has failed if results are not received with 30 seconds, and they are apt to implement the 3 finger salute or Alt+Ctrl+Delete unless the system warns them that the report will take longer. Even if they have been warned that it will take significantly longer, us ers are likely to get disconcert and lose their chain of thought, so the quality of analysis suffers. This speed is not easy to achieve with large amounts of data, particularly if on-the-fly and ad hoc calculations are required. A panoptic variety of techniques are used to achieve this goal, including specialized forms of data storage, extensive pre-calculations and specific hardware requirements, but a lot of products are yet to the full optimized, so we expect this to be an area of developing technology. In particular, the SAP Business Warehouse is a full pre-calculation approach that fails as the databases simply get too. Likewise, doing everything on-the-fly is much too slow with large databases, even if the most expensive server is used. Slow query response is consistently the most often-cited technical enigma with OLAP products.OLAP is used for mainly for analysis. This means that the system copes with any business logic and statistical analysis that is relevant for the ap plication and the user, and keep it easy enough for the propose user. This analysis is done in the applications own engine or in a linked external product such as a spreadsheet. All the required analysis functionality can be provided in an intuitive manner for the target users. This could include specific features like time serial publication analysis, cost allocations, currency translation, goal seeking, ad hoc multidimensional structural changes, non-procedural modeling, exception alerting, data mining and other application dependent features. The OLAP system implements all the warrantor requirements for confidentiality.
OLAP, Data Marts and Warehouses, Three-Tier Architecture and ASP :: essays research papers
WEEK 4 INDIVIDUAL PAPEROLAP, DATA MARTS AND WAREHOUSES, THREE-TIER ARCHITECTURE AND aspDBM405OLAP, Data Marts and Warehouses, Three-Tier Architecture and ASPOLAPThe term OLAP stands for On-Line Analytical Processing. OLAP is a technology used to process data a high performance level for analysis and shared in a multidimensional cube of information. The key thing that wholly OLAP products have in common is multidimensionality, but that is not the only requirement for an OLAP product. An OLAP natural covering is tar finded to deliver most responses to users within about five seconds, with the simplest analyses taking no more than one second and very few taking more than 20 seconds. Impatient users often assume that a process has failed if results are not received with 30 seconds, and they are apt to implement the 3 finger cost or Alt+Ctrl+Delete unless the system warns them that the report will take longer. Even if they have been warned that it will take significantly longer, use rs are likely to get distracted and lose their chain of thought, so the quality of analysis suffers. This speed is not easy to achieve with large amounts of data, particularly if on-the-fly and ad hoc calculations are required. A wide variety of techniques are used to achieve this goal, including specialized forms of data storage, extensive pre-calculations and specific hardware requirements, but a lot of products are provided fully optimized, so we expect this to be an area of developing technology. In particular, the SAP Business Warehouse is a full pre-calculation approach that fails as the databases hardly get too. Likewise, doing everything on-the-fly is much too slow with large databases, even if the most expensive server is used. Slow query response is consistently the most often-cited practiced problem with OLAP products.OLAP is used for mainly for analysis. This means that the system copes with any business logic and statistical analysis that is relevant for the applicat ion and the user, and keep it easy plenteous for the target user. This analysis is done in the applications own engine or in a linked external product such(prenominal) as a spreadsheet. All the required analysis functionality can be provided in an intuitive manner for the target users. This could include specific features like clipping series analysis, cost allocations, currency translation, goal seeking, ad hoc multidimensional structural changes, non-procedural modeling, exception alerting, data mining and other application dependent features. The OLAP system implements all the security requirements for confidentiality.
Monday, May 27, 2019
Is Holden Caulfield a Typical Teenager?
In the novel, Catcher in the Rye by J. D. Salinger, H former(a)en Caulfield is a 16 year old boy from New York urban center. He recently got the ax from his school, Pencey Prep, for failing four classes. He ends up roaming around the streets of New York City for three days, after leaving school early for Winter Break. Through Holdens adventures, he becomes addicted to smoking, drinking and going out to night clubs. This culture leads me to think that he has the usual issues that teens deal with daily.Although Holden secludes himself from the rest of the world, he is very much like a typical teenager when it comes to having problems in school. Holden reveals a fast hate for school. In chapter one, he states that he didnt know anyone at Pencey that was splendid and clear-thinking and all. Maybe two guys. If that many. (pg. 6) Later, Holden gets kicked out from his school, Pencey Prep on government note of flunking four subjects and not applying himself and all. (pg. 6) Holden is well known because teens can relate to him in so many things including issues in school.It seems that whenever Holden would get depressed he would turn to abusing alcohol, which is common among teens. In chapter 10, Holden was in a night club and he tried to order a scotch and soda, when the waiter asked for some verification of his age. (pg. 90-91) It seems that Salinger made this the whole time alcohol wasnt readily available in the novel. In chapter 12, Holden was at another night club, Ernies, when he tried again to order a scotch and soda, and was able to do so easily.He states that even if you were six years old you could get liquor at Ernies nobody cared how old you were. (pg. 111) Again in chapter 20, Holden gets drunk at another night club. (pg. 194) The Catcher in the Rye demonstrates many life lessons, such as not abusing alcohol. In the novel, Holden Caulfield is like a puzzle piece that doesnt fit anywhere in the puzzle, meaning he doesnt fit in with the world. He has a really rough time fitting in at school because he thinks they are all phonies.In Chapter 1, Holden accidentally leaves all the foils and equipment and stuff on the subway so the whole team ostracizes him the whole way back on the train. (p. 6). In Chapter 6, Holden gets in a fist fight with his roommate Stradlater, because Holden unceasingly calls Stradlater a moron because Stradlater was criticizing what Holden wrote about for Stradlaters paper that he asked Holden to write. (p. 54). Holden had a rough time fitting in both at school and in the world in general.The Catcher in the Rye illustrates a young boy struggling to try to fit in with everyone else and deal with lifes problems at the same time. From failing out of school to going to night clubs and getting drunk, this novel is told right from a teenagers point of view. Salinger represents Holden as a character in his novel that holds many characteristic of a typical teenager, including alcohol abuse. To this day, Holden is we ll-known worldwide, by many people. He is known as the character that best describes teenagers and life problems.
Sunday, May 26, 2019
Kone Case
deceased managers, however, werent quite sure how they would take Moonscape to foodstuff. kaput(p) managers had to decide what portion of the grocery store they were going to put, how they were going to punch this part, and how they could quantify the overall economic value of their product to their authorisation customers. Recommendations The marketing strategy that we chose for GONE Fugue was to propound their product at trade shows, gross revenue visits, and exhibitions such as Constructor. We also chose to install fully functional Moonscape nip and tucks in all regional offices throughoutGer more in secern to demonstrate the say-so benefits of this revolutionary sunrise(prenominal) product first hand to our customers. Moonscape heaves leave alone come with a expense guarantee between initial quotes to concluding delivery. This will alleviate any pecuniary anxiety that our customers might make believe about dealing with a single supplier. Furthermore, we recomm end that GONE set the price of the parvenu Moonscape nip and tuck at DMS 85,000 and increment their sales force, especially in regards to introducing new products, in grade to compete with their competitors.Analysis GONE Moonscape is a revolutionary railcar-room-less rhytidoplasty that relents significant advantages over other designs. The assemble of additional usable space for tax-generating purposes and the greater architectural freedom In the design and wrench of new buildings be some of the many reasons why GONE Moonscape is a truly innovative product that will help increase revenues of potential clients. There ar many nest egg that potential clients will charm when operating a GONE Moonscape heave in addition to exploitation new freed up space for revenue generating purposes.Those Savings include howeverd push be of G 1,540 per year vs.. Hydraulic elevators and G 740 per year vs.. Eared traction elevators. There Is no automobile needed to operate the elevat or which accounts for a nonher(prenominal) nest egg of G 7,500. Finally, it is estimated that the savings for a construction company is upwards of 5% of construction costs when using a GONE Moonscape elevator as compared to any other hydraulic or geared traction elevator. Please see attached Excel Spreadsheet for savings comparisons. In addition to the quantitative savings concomitantors, there are also qualitative benefits that Moonscape elevators provide.These qualitative benefits Include the reduced risk of a fire bet on when compared to unfor traveltable to ride in with shorter comely ride times and are more esthetically appealing. These improvements will be very popular among future riders. The comprehend disadvantages that potential customers may have to the GONE Moonscape elevator are the higher initial enthronisation and the size of the Ecocide required machine room for greater than 16 floors. However, the higher initial investment costs are almost immediately recovere d in the cost savings from the machine room of G 7,500, as well as the energy savings of G 1 ,540 per year vs.. Hydraulic elevators and G 740 per year vs.. Geared traction elevators. Our target market segment includes those customers who are less than 16 stories in height, which would eliminate the latter concern. Customer, Company, Competition GONE was established in 1910, and headquartered out of Finland. Its core business was focused on the sale and maintenance of electrical motors. everyplace the years GONE expanded its core business to include steel equipment manufacturing, maritime equipment sales, and elevator manufacturing and services, among many others.GONE is presently the worlds third largest elevator company rear rivals Otis and Schneider. GONE Fugue A. G. Which operated in Germany and was the most important market in mainland Europe. It manufactures and sells busted-rise passenger elevators, medium-rise elevator systems, and high-rise elevator systems. Low-rise el evators accounted for close to 75% of Cones equipment sales, patch mid- rise and high-rise elevators accounted for 15% and 10% of sales, respectively (Case). CONES elevator business was organized into dickens distinct divisions New Equipment, called VI and Services, called IV.According to fact statistics, the New Equipment Division accounted for 38% of revenue, while the Service Division accounted for 62% f revenue. Over 90% of CONES sales are outside of Finland with 53% in the European Union, 29% in North America, 10% in Asia, and 4% in Australia (Case). CONES new revolutionary Moonscape elevator is a machine-room-less elevator that will yield significant additional usable space for its customers and allow greater architectural freedom in the design and construction of new buildings.Moonscape is being targeted at low rise buildings in Germany, which constitute 74% of real estate in Germany. Currently, this segment is served by 60% hydraulic, 40% geared traction elevators. We wi ll target the geared traction segment, albeit with a price or so higher than current price levels. We make this decision establish on the fact that the elevator market is not as cost sensitive as it is quality and utility sensitive based on the fact that over 66% of the geared market went for the more expensive option.Product, Price, Place, & Promotion Moonscape elevators are a revolutionary product which take induction motors to a new level and offer the chance to architects to get rid of the clumsy and inconvenient machine rooms which so often spoil the perspective of the building or hampers basement and foundation design. It offers developers the chance to save the significant costs related to building these machine rooms. It was attractive owners of projects in that they would be substantially cheaper and safer to operate.GONE Fugues branch managers have often commented that the sales force of their competitors in Germany often outnumbered those of GONE by one to five. We belie ve force should be drastically increased to be at par with the competition in order to maximize exposure and to launch this brand new product. Demo installations at our regional headquarters throughout Germany will also convince those careful buyers ho wouldnt want their project to be the Guiana pigs for this new technology. Moonscape has typically found that going to Constructor and other trade shows is not as lucrative.However, because we are launching a completely revolutionary new product, it is essential that the contractors and architects (who together make up 90% of the elevator decision makers) are exposed to this new product. So while we will continue to invest in trade press and Journal advertising, we will have to make the investment to attend expensive trade shows for maximum impact. While the cost, ease and speed of construction will be emphasized to the contractors, the selling point to the Architects would be the aesthetic value that the absence of a machine room can bring to the skyline.According to the companys policy for markets with less than 15% market share, we have decided to price Moonscape slightly above current price levels, I. E. , at DMS 85,000. Most elevator models across brands have been making an average loss of 5% on initial elevator sales. For the first time, Cones Moonscape would be profitable in the initial sale as well. Conclusion GONE Moonscape is a revolutionary product with a great potential to bump up avenues for Gone and to encounter lost market share even in an economy where construction activity was slow.GONE has the technology to vastly and dramatically differentiate its products from anything else in the market and be not only qualitatively better, but much more cost effective. With this marketing strategy, we believe GONE has the potential to make the most of Moonscape as a lucrative new product. We believe that with a marketing strategy along the lines of the recommendations made above, Moonscape can be a very lu crative new elevator product and can reap large benefits for GONE in the German market.Kone CaseGONE managers, however, werent quite sure how they would take Moonscape to market. GONE managers had to decide what segment of the market they were going to target, how they were going to penetrate this segment, and how they could quantify the overall economic value of their product to their potential customers. Recommendations The marketing strategy that we chose for GONE Fugue was to advertise their product at trade shows, sales visits, and exhibitions such as Constructor. We also chose to install fully functional Moonscape elevators in all regional offices throughoutGermany in order to demonstrate the potential benefits of this revolutionary new product first hand to our customers. Moonscape elevators will come with a price guarantee between initial quotes to final delivery. This will alleviate any financial anxiety that our customers might have about dealing with a single supplier. Fu rthermore, we recommend that GONE set the price of the new Moonscape elevator at DMS 85,000 and increase their sales force, especially in regards to introducing new products, in order to compete with their competitors.Analysis GONE Moonscape is a revolutionary machine-room-less elevator that yields significant advantages over other designs. The gain of additional usable space for revenue-generating purposes and the greater architectural freedom In the design and construction of new buildings are some of the many reasons why GONE Moonscape is a truly innovative product that will help increase revenues of potential clients. There are many savings that potential clients will see when operating a GONE Moonscape elevator in addition to using new freed up space for revenue generating purposes.Those Savings include saved energy costs of G 1,540 per year vs.. Hydraulic elevators and G 740 per year vs.. Eared traction elevators. There Is no machine needed to operate the elevator which accoun ts for another savings of G 7,500. Finally, it is estimated that the savings for a construction company is upwards of 5% of construction costs when using a GONE Moonscape elevator as compared to any other hydraulic or geared traction elevator. Please see attached Excel Spreadsheet for savings comparisons. In addition to the quantitative savings factors, there are also qualitative benefits that Moonscape elevators provide.These qualitative benefits Include the reduced risk of a fire hazard when compared to unforgettable to ride in with shorter average ride times and are more aesthetically appealing. These improvements will be very popular among future riders. The perceived disadvantages that potential customers may have to the GONE Moonscape elevator are the higher initial investment and the size of the Ecocide required machine room for greater than 16 floors. However, the higher initial investment costs are almost immediately recovered in the cost savings from the machine room of G 7,500, as well as the energy savings of G 1 ,540 per year vs.. Hydraulic elevators and G 740 per year vs.. Geared traction elevators. Our target market segment includes those customers who are less than 16 stories in height, which would eliminate the latter concern. Customer, Company, Competition GONE was established in 1910, and headquartered out of Finland. Its core business was focused on the sale and maintenance of electrical motors. Over the years GONE expanded its core business to include steel equipment manufacturing, maritime equipment sales, and elevator manufacturing and services, among many others.GONE is currently the worlds third largest elevator company behind rivals Otis and Schneider. GONE Fugue A. G. Which operated in Germany and was the most important market in mainland Europe. It manufactures and sells low-rise passenger elevators, medium-rise elevator systems, and high-rise elevator systems. Low-rise elevators accounted for approximately 75% of Cones equipment s ales, while mid- rise and high-rise elevators accounted for 15% and 10% of sales, respectively (Case). CONES elevator business was organized into two distinct divisions New Equipment, called VI and Services, called IV.According to case statistics, the New Equipment Division accounted for 38% of revenue, while the Service Division accounted for 62% f revenue. Over 90% of CONES sales are outside of Finland with 53% in the European Union, 29% in North America, 10% in Asia, and 4% in Australia (Case). CONES new revolutionary Moonscape elevator is a machine-room-less elevator that will yield significant additional usable space for its customers and allow greater architectural freedom in the design and construction of new buildings.Moonscape is being targeted at low rise buildings in Germany, which constitute 74% of real estate in Germany. Currently, this segment is served by 60% hydraulic, 40% geared traction elevators. We will target the geared traction segment, albeit with a price slig htly higher than current price levels. We make this decision based on the fact that the elevator market is not as cost sensitive as it is quality and utility sensitive based on the fact that over 66% of the geared market went for the more expensive option.Product, Price, Place, & Promotion Moonscape elevators are a revolutionary product which take induction motors to a new level and offer the chance to architects to get rid of the clumsy and inconvenient machine rooms which so often spoil the perspective of the building or hampers basement and foundation design. It offers developers the chance to save the significant costs related to building these machine rooms. It was attractive owners of projects in that they would be substantially cheaper and safer to operate.GONE Fugues branch managers have often commented that the sales force of their competitors in Germany often outnumbered those of GONE by one to five. We believe force should be drastically increased to be at par with the co mpetition in order to maximize exposure and to launch this brand new product. Demo installations at our regional headquarters throughout Germany will also convince those careful buyers ho wouldnt want their project to be the Guiana pigs for this new technology. Moonscape has typically found that going to Constructor and other trade shows is not as lucrative.However, because we are launching a completely revolutionary new product, it is essential that the contractors and architects (who together make up 90% of the elevator decision makers) are exposed to this new product. So while we will continue to invest in trade press and Journal advertising, we will have to make the investment to attend expensive trade shows for maximum impact. While the cost, ease and speed of construction will be emphasized to the contractors, the selling point to the Architects would be the aesthetic value that the absence of a machine room can bring to the skyline.According to the companys policy for markets with less than 15% market share, we have decided to price Moonscape slightly above current price levels, I. E. , at DMS 85,000. Most elevator models across brands have been making an average loss of 5% on initial elevator sales. For the first time, Cones Moonscape would be profitable in the initial sale as well. Conclusion GONE Moonscape is a revolutionary product with a great potential to bump up avenues for Gone and to regain lost market share even in an economy where construction activity was slow.GONE has the technology to vastly and dramatically differentiate its products from anything else in the market and be not only qualitatively better, but much more cost effective. With this marketing strategy, we believe GONE has the potential to make the most of Moonscape as a lucrative new product. We believe that with a marketing strategy along the lines of the recommendations made above, Moonscape can be a very lucrative new elevator product and can reap large benefits for GONE in t he German market.
Saturday, May 25, 2019
Nabokov- Good Reader and Writer Essay
A good proof referee will ask themselves questions as they read along, using sticky notes for that section. This technique allows the readers to come game to the questions and answer them after reader more of the novel or essay. Also, a good reader uses hints the author hides through the passage for the reader to interpret. This lets readers figure off what message the author wants the reader to know.Good readers are active readers which means they use their reading experiences for support by bring knowledge from the world into reading. In addition, they use comprehension strategies to draw conclusions, synthesis and compare and contrast. Further, a good reader knows when to slow down and read faster based on difficulty. When a good reader doesnt understand a word he/she use context clues to figure out the meaning of it. Lastly, a good reader should have an open mind based on his/her reading.A good author uses proper punctuation at all times. Grammar and spelling are key as well . Also, a writer should have a lot of knowledge based on what he/she is writing active. This means that the writer should create a plan before writing about. This means that the writer will research ones topic before writing about it. In addition, a good writer should create a plan before writing to have a formal paper.To tell the truth, if a writer doesnt truly believe in what one is writing about then thats not a writer at all. A good writer would not care about what others think of ones opinion. Finally, a good writer grabs the readers attention from the beginning of the story. Lastly, a good writer writes novels with enough detail to let the reader understand, but not too much so the reader has to interpret the story you are writing about.
Friday, May 24, 2019
AMD vs Intel
Of all the corporate names playing in the personal computer (PC) hardwargon market, no two companies are arguably as well-known as Advanced Micro Devices (AMD) and Intel Corporation. That these two names are synonymous with personal computing is not surprising as these two companies manufacture the sheer majority of the microprocessors which are at the core of a consumer PC.In 2008, Intel had a 76.7% market share of the general purpose microprocessor market (which includes setting and server processors) to AMDs 23.1% (Shilov, 2008). piece Intel offsells AMD 3-to-1, the two companies combined ship 99.8% of the orbs desktop and server processors.Both Intel and AMD were founded from former employees of Fairchild Semiconductor. Intel was created in 1968 by Fairchild Engineers Bob Noyce and Gordon Moore eon AMD was founded in 1969 by former Fairchild Executive Jerry Sanders and his team of employees (Singer, 2005). Today, AMD has quarterly revenues of $1.7 billion and Intel has yearl y revenues of nearly $40 billion.While both known for their processor products, both AMD and Intel started out manufacturing memory chips. All of this changed in 1971 when Intel developed its 4004 a chip designed for Japanese company Busicom to be used in their line of calculators.The 4004 chip incorporate the following components 16 registers for holding data, a program counter to keep track of execution, an arithmetic logic unit to perform numerical computations, a decipherer for instructions, and a clock to keep its processes synchronized.Together, these components allowed the single 4004 chip to decode instructions stored in external memory, instructions which could contain any number of numerical computations that the 4004 could execute. By designing a programmed flow of instructions, the 4004 could be used to perform any number of tasks, not only the calculations needed by Busicoms calculators.This made the 4004 Intels, and consequently, the worlds first general purpose mic roprocessor chip (Intels First Microprocessorthe Intel 4004).Intel secured the right from Busicom to market the 4004 as a part of Intels product line up. As a standalone microprocessor, the 4004 was the birth of a revolution. Instead of building a computer for every task from scratch, an engineer can simply buy a 4004 chip, a memory chip and write a set of commands for the task at hand.A 4004 can be thought of performing any task which the engineer could program. The 4004 was then followed by the 8008, a more powerful version of the 4004.By 1981, IBM had chosen Intels 8088 as the processor to be used in its personal computer products. While the 8088 was the chip, IBM was essentially choosing not the 8088 but Intels x86 architecture as the basis for their personal computer family.This was important for two reasons, first because the IBM PC was an open standard. some(prenominal) company can build a compatible machine buy building it from parts which conform to the standard. The typi cal example is how a RAM mental faculty can be plugged out from a DELL machine and be inserted into an HP machine and work fine. Secondly it was because the use of x86 meant that only chips compatible with Intels architecture could be used with PCs (Intel Corporate Timeline).To avoid overdependence on Intel products, IBM demanded that Intel should find a second supplier of chips. Because of this, Intel reaches out to AMD in 1982, giving AMD respectable access to its 286 chip technology and allowing AMD to manufacture 286 products. Thus in the beginning, AMD could only be thought of as an outsourced manufacturer of Intel processor designs (Singer, 2005).
Thursday, May 23, 2019
Ernest Hemingway Essay
Ernest Hemingway is ace of the writers that define American Literature. Although he accomplished much in reputation and status delinquent to his novel, his most celebrated thrashs have always been his short stories. His short stories, which are known for their simple language and artful prose, are often seen as a reflection of his life. It can indeed be seen with several of the plots he penned that he was drawing out his own life experiences such as his portrayal of himself as a macho soldiery, his relationship with the women in his life, struggle and death and of course alcohol. Noting this Martin Scofield rightly states, the personal experience on which he oft drew directly in his writing was full of confusing tension and conflict between masculine and feminine elements in his personality, between admiration for the sensible courage and a growing disillusion with violence, and between the optimism of youth and physical energy, and the inevitable depredation of old age an d death. In his short stories we see vividly developed snapshots of turmoil, precise delineations of individual fragments of disparate experience. (Scofield 139). The kind of heroes that the author went to write about in his book were a direct reflection of the kind of creation he wanted to be. The male protagonist has an aura of dignity and an unwavering integrity about them. Compromise is non known to these characters in most instances. In fact both male and female characters that were created by Hemingway are more often than not, defiant of the society that they exist in and continually go against the societal norms and expectations.Hemingway was by nature a macho cosmos. His life has shown us his indulgences in neat run a risks. The time he spent in wars, hunting and sport is reflected in several of his works. The kind of heroes Hemingway wrote about will probably not suffice today torn soldiers, and death defying hunters, adventurers and bullfighters made up his works, but that these characters exhibited a personal code of honesty and decency. Harvey Claflin Mansfield rightly categorized the authors personality in his book Maniliness, Hemingway was a macho fellow and a seeker of adventure when coupled with fun (Mansfield 52). An example of this can be taken from his short story Indian Camp, where the physician is neither concerned with his lack of anesthetic and equipment nor the hollo patient. In true alpha male mode, he goes onto deliver a child with a jack-knife. His complete lack of interest in the womens pain, which unremarkably affects people, and the way he goes onto admire his work as though it was a non-living thing gives off a very sadistic and stereotypical macho essence. At the same time we can compare the physicians character to the American Indian man who slit his throat and died during his wifes magnanimous birth. That man did not have the courage and strength to face the ordeal that his wife was going with, unlike the physician wh o seemed to think nothing of it. And like that Hemingway interminably writes about men that could stand up to things and endure things. The strength which he at times referred to grace under pressure was reflective of the kind of man that does not succumb to his problems. His story of the bull fighter can also be seen as an example of this very thing, where the protagonist ignores injuries to enter battle.Explaining the development of the characters through the developments in Hemingways life, John Campbell noted, In the 1920s, Hemingway began to develop a public role for himself in an attempt to show people how a writer acts when not writing. He became comfortable with this role and wrote essays for Esquire Magazine that reflected a person, outdoorsman image of a very physical man he made a safari to Africa in the 1930s, killed big game, and so on. His male characters began to resemble this image and became more Active in the 1930s and 1940s. Readers often associate this macho ima ge with Hemingway, but it is catchy to generalize about men in his work, since the early male characters are vulnerable and the later ones more independent have a sense of humour strength and masculinity. (Campbell 251)Hemingway wrote extensively throughout his career. One of the main recurring themes that can be seen in his short stories is that of war and death. He bettericipated in the First military personnel War as an ambulance driver under the Red Cross. It was during his term in Italy that he had his first love affair and was also injured. As a part of the Italian infantry he was awarded two decorations by the Italian government as well. It was his time here that he witnessed first hand the ruthlessness and unemotional person attitude of soldiers around him. Much of his observations later became part of his works. His time as a war disciplineent in span also influenced his work. The events of the civil war that took place in Spain greatly affected him. The Spanish civ il war stories have two characteristics in common. The first-person narrator in all of them is obviously Hemingway himself, correspond dent, film-maker, raconteur, and famous personage. The second characteristic is that the real idea of all these stories, as well as the play, is the political nature of the conflict. Philips Rawlings, the main character in the 5th Column is also substantially autobiographical and the girl, Dorothy Bridges, is clearly based on Martha Gellhorn, as is the girl in the story Landscapes with Figures (Donaldson 236). The stories are his version of events and how he apothegm the war. Most of the material is based on first hand information and as he experienced it. His short stories poignantly portrayed soldiers that left backside and lived with legacies of combat. In Soldiers Home, Krebs is the disillusioned veteran that comes back to home to find himself without a spiritual home. He is out of place, alienated from his family, religion and society. Hemin gways examination of the war torn characters can also bee seen through Nick Adams. Some critiques have linked the short stories to a potential autobiographical corporation and their thematic treatment to the various stages the characters go through i.e. Nicks stages of recovery from his physical and psychological war wounds which mirror the ones Hemingway suffered himself. It is Hemingway who in the third-person story supports the fundamental idea of Nicks physical and spiritual recovery and renewal. It can be taken in view that writing was a form of catharsis for the author and through writing about his ordeal he managed to work through his anxiety of war (to an extent). We can see through the stories, glimpses of Hemingways own pain and anguish. When he returned from war ridden areas he was deeply affected. The effects of his experiences were heavy influences on his work and gave them a new sense of life.Hemingway had extremely turbulent relationships with the women in his life. His love stories are ruled by conflict between men and women whose lives are always stuck in more or less momentum of great tension and problems, or an extremely vivid change. He was married to quaternary different women and was infamous for his multiple affairs. If one was to look at Hemingways life, one would notice that he lacked the will to stick to one woman. At some point and time gap things off and moving on stopped freehanded him the misdeed it once did and women became just a habit for him. His relationships with women affected his work a great deal Paul Reuban went onto prove this in his work when he wrote that, His Hemingways writing also reflected his trouble with relating to women and his tendency to treat them as objects, as he had four marriages and countless affairs, highlighting his theme of alienation and disconnection in his work. It was his guilt over women that led him to the bottle and subsequently drenched him in depression. He could not move past his gu ilt quickly enough before he moved onto the next woman. In his entire life he repeatedly cheated on all the women he was with it was a vicious cycle of finding love, breaking love by finding someone else, getting depressed over his actions, finding someone else to get out of the depression.An example of the effect that his love life had on his work can be seen in Hills like White Elephants, which was written after(prenominal) Hemingway had cheated on his wife Hadley with her own friend Pauline Pfeiffer. When Hemingway asked for a divorce, Hadley placed a condition of a separation between him and Pfeiffer for a certain period of time if he remained in love even after that time he was to be granted the divorce. It was during this period that he wrote the story. The biggest similarity between his life and the short story is that in either a family part or loved one was being separated. The story which centers on a conversation between a man and a woman show that the man is the author ity. The poor communication skills between the two also reflect that their relationship might end. Perhaps Hemingway himself saw this as Hadley and himself which poor communication was ending up in the death of something that connected them, in the case of the characters this would be the unborn child.When in Italy, Hemingway had a love affair while he was wounded in this duration. The effects of this can be seen in his works as well. In A very short story, the injured solider who is found on the Italian drive has a love affair with a nurse who tended to him. Just like Hemingway himself who fell in love with Agnes Von Kurowsky. As the story goes, the nurse later leaves the solider for an Italian officer. A very short story ranks as one of Hemingways least effective stories. Behind a pretense of objectivity, it excoriates the faithless Agnes. Even four years after the jilting, he was too close to his subject matter to achieve the requisite artistic distance twice again he explored t he subject of love between a wounded soldier and his nurse (Beegal 105). Throughout his work it will be seen that he advocates the kind of courage in the world where men must survive without women, which goes against the work itself because it is based largely on this mother, sisters, wives, lovers etc.Hemingways works paved way for an entirely new literary genre of writing. He used plain simple language to give voice to his stories. Much of his work, when it comes to short stories, is greatly influenced by his life and it can be seen through the various example given herewith, how his life was a muse to him. His relationships with women and subsequently alcohol, his experiences at war and the death that he saw, and his ideas on masculinity and manhood were some of the basic ideas that he infused with his writings to form the basis of many of his stories. Hemingway may have been gifted but he very conflicts that he tried to work out through his writings, and the very tensions that he wrote about, subsequently became the reason he took his own life.
Wednesday, May 22, 2019
 Cybercrim in Society Essay
Cybercrime With everything in society advancing rapidly, it should be of no surprise that technology is now employ to commit crimes against rough other throng. Those crimes include identity theft, stealing money, illegal gambling, and cyberstalking. This paper will review cybercrime and the differences there are from traditionalistic crime and it will review the purpose of cyber-terrorists. thither will also be three cases reviewed to help bring light to what kind of cybercrimes are being committed around the world.Differences between Cybercrime and Traditional offenceFor an individual to fully understand the difference between cybercrime and traditional crime, the individual needs to understand what cybercrime is. The definition of cybercrime is according to Oxford Dictionaries (2014), crime conducted via the internet or some other computer network (cybercrime). Cybercrime is committed by hackers with the goal of financial gain in min by stealing personal tuition(bank info rmation, credit waggle information, etc) from individuals. Traditional Crime is a considered crimes against the public. There are many different categories for cybercrime but the main four include identity theft, illegal gambling, cyber terrorism, and cyber stalking. Both cybercrime and traditional crime are charged on a state law level however, there are plenty of federal laws that can be break through committing cybercrime.The main difference that needs to be known is that when cybercrimes are committed, the crimes are done so from the luxury of a hackers plate or place of business while traditionally crimes are non. Another difference worth noting is that cybercrime criminals have the ability to commit these crimes from different states, even internationally at some levels. When cybercrimes are committed liken that, it makes it hard to prosecute as the laws may vary from place to place. That is usually when federal laws are reviewed for a prosecution to happen.Purposes of Hac kingHacking dates back to the 1950s. This is long before the birth of the internet. Hacking began as a method or searching for shortcuts when encountering a computer issue. According to Marriam Webster (2014), A hacker is a person who secretly gets access to a computer system in order to get information, cause damage (para. Hacker). Today hacking of oftenreferred to a person wanting to cause havoc in a computer or many computer systems for a reason. Hacking has evolved over the years. In the beginning, hacking was often used to prank, cause mischief and curiosity. Hacking today has grown very large and has been categorized into the types of hacking. Although hackers use different methods of accessing unauthorized information, the most common reason for doing such things is for financial gain. Kevin Mitnick vs the USAKevin Mitnick began hacking at an early age of 12. As this age he began making punch cards for the Los Angeles transit authority. Mitnick also joined a holler phreak ga ng which conducted many pranks. The group discovered a way to take over the telephone directory assistance and prank incoming callers. The group also changed the positioning of home phones to payphone status. A home telephone user would attempt to use the telephone but a recording would request the user to deposit twenty dollar bill cents. The group accessed a San Francisco based troupe and destroyed files. More than a year later, this crime was unsolved. It was not until a members girlfriend went to the police. This take to the arrest of Kevin Mitnick, age 17, and other members of the group.Mitnicks streak of hacks has land him in jail multiple times throughout his hacking spree. At the age of 16, Mitnick accessed a computer manufacturing company and sold their software. He went on the run for several years by accessing companies via computers to produce identity documents. He was not convicted of these crimes. He was eventually arrested for hacking into Nokia and Motorola and co nvicted. This arrest landed him in jail for four and-a-half years before being brought to trial. Upon his release in 2000, he was restricted from using any communications technology which was much advanced than a wired home phone. Mitnick contested this ban and won. He now owns Mitnick Security Consulting LLC. The RBS World Pay serversWorldPay is a Payment Card sedulousness that helps businesses in payments processing. WorldPay headquarters is based in Atlanta, Georgia and have expanded globally in London, Belfast, Edinburgh, Gateshead, Sweden, Singapore, Montreal and a few other countries. WorldPay payment processing run enabled businesses to accept payments from customers from differentpayment types such as, Visa, MasterCard, discover, American Express, debit and gift cards, checks, Electronic benefits Transfer, and direct debit. The WorldPay hacking was considered the most sophisticated attack so far in history. In November 2008, According to Baker, Associated Press (2012) hac kers infiltrated the RBS WorldPay servers and accessed prepaid payroll card numbers, cracked their encrypted pin codes, raised the balances on the cards and distributed dozens of them to a team of people around the world.Within a matter of hours, the same group of hackers hit 2,100 ATM terminals in 280 cities around the world from the U.S. to Russia.to Italy to Japan. FBI tracked down the hackers by tapering off down their suspects to one man who worked for the company and his name is Oleg Covelin. After he found a vulnerability in the computer network that RBS WorldPay uses, he passed the information to Sergei Tsurikov of Tallinn, Estoria who then distributed 44 counterfeit cards to a team of cashers around the world. The hackers tried to cover their tracks but the FBI traced the hackers by using Cyber forensics and also with the help of alien authorities and international banks. Sergei Tsurikov, Viktor Pleshchuk of St. Petersburg, Russia, and Oleg, Covelin of Chisinau, Moldova a nd three others from Estonia were indicted in the case in 2009. Three of the main suspects were convicted in Estonia and the other suspects are awaiting sentence.In conclusion, although traditional crime is fluent around, cybercrime is slowly making its way into society and the advancement of technology is helping that happen. The only difference between the two types of crimes is the way they are committed. Hackers will not let anything stop them from achieving the ultimate goal of successfully hacking a system. With the cases listed and reviewed it is clearly stated that hacking and cybercrimes can be committed by anyone for any certain reason. No one can be sure that their information is completely safe but it is better to take precaution by not putting so much personal information on the web than it would be to not worry and end up the victim of cybercrime. Hackers continue to expand their knowledge on the systems to hack so that should push society to expand the security for t he web.ReferencesBaker, M. (2010). Policeone. Retrieved fromhttp//www.policeone.com/federal-law-enforcement/articles/2187579-FBI-gets-suspect-in-massive-cyber-crime-case/ Busch, A. (n.d.). Why Do People Hack. Retrieved fromhttp//www.ehow.com/about_4673738_why-do-people-hack.htmlHacker. Merriam-Webster.com. Merriam-Webster, n.d. Web. 3 May 2014.http//www.merriam-webster.com/dictionary/hackerMeriwether, D. (1995). Takedown.Retrieved from http//www.takedown.com/bio/mitnick.htmlOrphanides, K. (2011). Top 10 Most Spectacular Hacks. Retrieved fromhttp//www.expertreviews.co.uk/general/1285633/top-10-most-spectacular-hacks/2 Oxford Dictionaries. (2014). Retrieved fromhttp//www.oxforddictionaries.com/us/definition/american_english/cybercrime
Tuesday, May 21, 2019
Classic Pen Company Case
A VOTRE SANTE PRODUCT COSTING AND DECISION ANALYSIS IN THE WINE constancy Priscilla S. Wisner De distinguishment of Accounting and Information Management College of Business University of Tennessee 638 Stokely Management Center Knoxville, TN 37996 Phone 865. 974. 1714 Email emailprotected edu drive A Votre Sante Page 1 of 17 electronic copy available at http//ssrn. com/abstract=1659912 BACKGROUND A Votre Sante (AVS) is a sm in either, independent boozery owned by Kay Aproveche. Kay has a relationship with a cultivator who grows two types of vino grapes, a chardonnay grape and a generic wine fuddle white grape.AVS buys the grapes at the point that they return ripened on the vine. AVS is responsible for croping the grapes and all further processing of the grapes into wine-colored. In 2010, AVS earned an operating margin of almost $100,000 on gross sales of $848,000, for an 11. 6% margin (see Exhibit 1). The process of winemaking is pretty simple, yet requires much attentio n to process details. After the grapes argon harvested, they ar brought to the winery for washing and blasting. The crushing process separates the juice from the pulp, skin and stems.The juice is utilize to make the wine the pulp, skin and stems are recycled back onto the fields whenever possible or other(a)wise disposed of. The amount of wine generated from the grapes is dependent separately socio-economic class on a number of climatic and growing factors such as temperature, length of growing season, rootstock and fertilizers recitationd. Once the juice is extracted, it moves into the fermenting process. The Chardonnay wine grape is fermented using oak barrels the oak in the barrels gives flavor to the Chardonnay wine.The barrels are expensive ($500 for each one), but are sold after four years for $200 apiece to another nigglinger winery. The juice fermenting in each barrel emergences in the takings of 40 cases of wine. The generic white grape juices are fermented in a holding tank a full tank would result in the payoff of 1,500 cases of wine. The fermenting process takes place in a temperaturecontrolled environment however, each fermenting method results in some wine exit through evaporation. Kay Aproveche estimates that theChardonnay go forth lose approximately 10 share of its majority through the fermentation process, while the generic white allow lose approximately 5 percent of its volume. Harvest takes place in the late summer and early fall months emblematicly, the term elapsed from harvest to final sale is about 11 months. exercise A Votre Sante Page 2 of 17 Electronic copy available at http//ssrn. com/abstract=1659912 PRODUCT INFORMATION AVS bottles three wines a Chardonnay-Estate, a continual Chardonnay and a Blanc de Blanc.Data related to the three wines is as follows Chardonnay-Estate contains only Chardonnay grapes that are grown for AVS the expected sales price is $22/bottle. The market motive for Chardonnay-Estate wine is estimated to be 24,000 bottles for 2010. mending Chardonnay is fluxed by combining the Chardonnay wine left over after bottling the Chardonnay-Estate with the fermented generic wine the blend mixture is two part Chardonnay grapes and one part generic grapes. The expected sales price is $16/bottle.Blanc de Blanc wine is made from all rest generic white grapes the expected sales price is $11/bottle. All three wines are bottled at AVS using one bottling line. In a typical year, AVS bottles enough Chardonnay-Estate to meet the predicted market demand, then bottles the uniform Chardonnay after blending all remaining Chardonnay wine with the necessary amount of generic grapes. The Blanc de Blanc is the last wine to be bottled, using all remaining generic white grapes. Kay again expects the wines from this harvest year to sell out.ADDITIONAL OPERATIONAL AND COST data Chardonnay Grapes 2009 harvest 100,000 pounds purchase price of $85,500 expected loss in volume through fermentation and bottling 10% Case A Votre Sante Page 3 of 17 Electronic copy available at http//ssrn. com/abstract=1659912 Generic White Grapes 2009 harvest 60,000 pounds purchase price of $38,500 expected loss in volume through fermentation and bottling 5% Wine-making Chardonnay grapes are fermented in oak barrels each barrel results in the doing of 40 cases of wine set be $500 apiece, and put forward be used for our years and sold for $200 each at the end of four years assume that you have to purchase all new barrels for the 2009 harvest Generic white grapes are fermented in the holding tank the tank nooky hold up to the equivalent of 1,500 cases of wine Bottling Requires 36 pounds of grapes (post-fermenting) for one case (12 bottles) of wine In the bottling process, the wine is put into bottles, with both corks and labels added during this process. The materials hail associated with the bottles, corks and labels are estimated to be $2. 50/bottle. command boil Harvest labor is pai d an average of $7. 5 / hour. It is estimated that 80 pounds of grapes can be harvested each hour. Crush labor is paid an average of $8. 00/hour. It is estimated that it go away take 300 hours to crush the grape harvest. Overhead Expenses Administrative rent and office set downs Estimated to be $20,000 / year. Depreciation is charged based on the following equipment account Case A Votre Sante Page 4 of 17 Equipment Tractors Crushers Holding Tank Bottle Lines Cost $15,000 $6,000 $40,000 $10,000 Est. Life 10 years 10 years 20 years 10 years 5 years Other Production Equipment $15,000Indirect Materials Part of the wine-making process involves introducing yeasts and other additives into the wine to service of process the fermentation process and to help balance the flavors in the wine. Indirect ingatheringionion materials average $1. 55 per case of wine. Lab cost Lab expenses of $8,000 are incurred for lab supplies and equipment. The lab is used by the production supervisor and the wine master to test the grapes and wine at various stages of production. Liquor taxes AVS is required to pay a liquor excise tax of $3/bottle on every bottle of wine sold.Production office AVS pays a part-time person to help administer the production function. This person orders supplies, reviews and approves production invoices, and performs other administrative functions. The production office budget is estimated to be a flat rate of $12,000. gross sales and related Kays sister, Bebe Cadadia, is paid $30,000/year on a contract basis to sell AVS wines. She works through distributors, who are paid $2/bottle for each bottle sold. Supervision Kays brother, Kan Pai, supervises the production of wine from the harvest through the bottling processes. His salary and returnss total $55,000 annually.Case A Votre Sante Page 5 of 17 Utilities Utilities be are incurred primarily to maintain a constant temperature in the fermenting process. These are expected to be $5,500. Waste tre atment After crushing, the pulp, skins and stems that are left over must be disposed of. One-half of the bluster can be recycled back onto the fields as a compost material the other one-half must be disposed of at a landfill dumping cost of $2,000. A winemaster is employed to help formulate and test the wines. This is done on a contract basis AVS pays the winemaster $5,000 for each type of wine that is formulated.Kays role is to manage the AVS business. Her annual salary and benefits total $75,000. CASE QUESTIONS 1. Create a single company-wide contribution margin income statement for AVS that includes each expense category. Also calculate the average revenue and net income for one bottle of wine. (Note Do not break out the variable or the fixed be by type of wine. ) 2. Another grower has available 20,000 pounds of Chardonnay grapes from the 2009 harvest. AVS has the opportunity to buy the juice from these grapes (they have already been harvested and crushed).If AVS could blend t hese grapes with the generic white grapes (using the 21 blend formula) to produce a new Chardonnay wine to be priced at $14/bottle, and required a 15% return on sales for this wine, what is the maximum amount that AVS would pay for a pound of grapes? 3. Other than the cost of the grapes, what factors would you consider to support your purchase of the grapes, and what factors would cause you to regularization in purchase the grapes? 4. Kay Aproveche tardily read an article about Activity Based Costing ( first rudiment) and is intrigued by the be methodology.She would like to be able to better assign costs to each of AVSs products, and has collected the following schooling about AVS activities. Use this Case A Votre Sante Page 6 of 17 information, along with the information given in the case, to construct a product cost analysis using ABC. Assume that AVS did not buy the grapes referred to in Question 2. Harvesting activity The Chardonnay grapes can be harvested at the average rate of 71. 5 pounds/hour, while the generic white grapes are harvested at the rate of 100 pounds/hour.Includes costs related to tractors and harvest labor. Crush activity Relates to the pounds of grapes crushed. Includes costs of crusher equipment and crush labor. Fermenting Activities lay costs relate to the Chardonnay wines by the share of wine used in each wine type. Holding tanks relate to the Blanc de Blanc and the Chardonnay regular wines by the percentage of wine used in each wine type. Lab and Supervision Activities Kan Pai estimates that these activities are split 60% Chardonnay-Estate, 25% Chardonnay regular and 15% Blanc de Blanc.Other production activities and costs not directly associated with a specific wine allocate harmonise to the number of bottles produced of each wine. Administrative activities Allocate according to sales revenues. 5. Write a brief memo to Kay Aproveche that explains what ABC is, and that discusses both the benefits and costs of doing an ABC analysis. What would you root on to Kay Aproveche regarding the ABC analysis? Case A Votre Sante Page 7 of 17 Exhibit 1 A Votre Sante Income Statement 2010 sales Chardonnay Estate Chardonnay (non-Estate) Blanc de Blanc total Revenues Product Costs Grapes Bottle, labels, corks Harvest labor Crush Labor Indirect Materials Depreciation Lab expenses Production office Utilities Waste treatment Wine secure supervisory program Barrels substance Product Costs Gross Margin Administrative & gross sales Costs Administrative rent & office Liquor taxes Sales commissions Sales manager Administrative salary Total Fixed Costs Operating Margin price $ 22 $ 16 $ 11 bottles 24,000 $ 9,000 16,000 49,000 $ $ 528,000 144,000 176,000 848,000 124,000 122,500 14,500 2,400 6,329 8,100 8,000 12,000 5,500 2,000 15,000 55,000 4,725 380,054 467,946 $ $ 44. 8% 55. 2% $ $ $ 20,000 147,000 98,000 30,000 75,000 370,000 97,946 11. 6% Case A Votre Sante Page 8 of 17 TEACHING NOTE A VOTRE SANTEThe A Votre S ante (AVS) case is multi-faceted in that it requires students to incorporate operational measures into product costing results, and also to understand cost accounting from a variety of perspectives, such as Product versus period costs Variable versus fixed costs Activity based costing Relevant costs and opportunity costs Additionally, the case questions require both quantitative and qualitative analyses of the business issues faced by AVS. AVS has been used in a graduate-level managerial accounting class for MBAs, and would be most appropriate for an advanced undergraduate or a graduatelevel accounting or MBA course. The detail in the case is rich enough to support a variety of analyses.Alternative uses could be to have the student construct a cost of goods make statement or a traditional pecuniary statement, both of which reinforce the differences between product and period costs. Students must know the difference between product and period costs to successfully complete the ABC analysis, but they could be made more explicit by requiring the statements. Additionally, alternative decision analysis questions could be developed using the variable and fixed cost structures described in the case. Case question number two is only one example of a potential decision analysis question. The following treatment contains the answers to the questions listed in the case, and does not detail the solutions to alternative questions. Case A Votre Sante Page 9 of 17Question 1 contribution Margin Income Statement To develop the contribution margin income statement, you first have to calculate the number of bottles of wine produced by AVS. This number is dependent upon the yield from the grapes. The applicable calculations are as follows Chardonnay Grapes 100,000 10,000 10% 90,000 Generic Grapes 60,000 3,000 57,000 Yield Pounds harvested Loss in processing Yield Bottles of wine produced 5% Chardonnay Estate Regular pounds of grapes Chardonnay grapes Generic grapes Total pou nds of grapes Bottles (3 lb. / bottle) 72,000 72,000 24,000 18,000 9,000 27,000 9,000 Blanc de Blanc 48,000 48,000 16,000 Total 90,000 57,000 49,000The contribution margin income statement (Teaching Note Exhibit 1) is fairly straightforward, with the following concepts / calculations causing the most difficulty The inclusion body of liquor taxes and sales commissions in variable costs These are both period expenses, but are clearly based upon the number of bottles sold, and therefore are included in the variable costs. Where to include the wine master expense Since the wine master is paid according to number of blends, not number of bottles, this expense is listed as a fixed cost. Arguably, it could be listed as a variable cost, given that the cost will be based on the number of wines produced.As part of the discussion we will examine the rationale behind listing wine master as a fixed or a variable expense. Barrel expense The case states that the barrels produce the equivalent of 40 cases of wine. A case of wine is post-fermentation/bottling and therefore after the 10% loss has occurred. The Case A Votre Sante Page 10 of 17 barrels contain the wine at the start of the process. Therefore, there have to be enough barrels to hold all the wine at the beginning of the process, not at the end. This factor results in 63 (62. 5) barrels being required for the harvest1. Question 2 Additional acquire Opportunity, Quantitative Analysis Case Question 2 asks what is the maximum amount that AVS would pay to buy an additional pound of Chardonnay grapes.There are three parts to calculating this answer the benefit from the additional Chardonnay wine to be sold, the relevant costs related to producing this wine and the opportunity cost of not producing as much Blanc de Blanc wine. Teaching Note Exhibit 2 displays the calculations relevant to this decision. Chardonnay regular wine requires a 2 to 1 mixture of Chardonnay and Blanc de Blanc wine. Therefore, the 18,000 pounds of Chardonnay grapes will be combined with 9,000 pounds of generic grapes. The 27,000 pounds of grapes will result in an additional 9,000 bottles of Chardonnay regular wine being produced. However, it will also result in a 3,000-bottle decrease in the amount of Blanc de Blanc wine produced, since some generic grapes will now be used for the Chardonnayregular wine.Question 3 Additional get Opportunity, soft Analysis The following factors would support AVSs decision to purchase the additional grapes Potential increase in market share Diversification of suppliers qualification to leverage fixed costs over more production If quality of purchased grape is perceived to be better To block a competitor from buying the grapes 1 Each case of wine requires 36 pounds of grapes (post-fermenting). A barrel holds the equivalent of 40 cases of wine (post-fermenting), or 1,440 pounds of grapes (40 x 36). To convert the post-fermenting grapes to prefermenting grapes, they must be divided by . 9, or 1,440 / . 9 equals 1,600 pounds of grapes. The harvest of 100,000 pounds of grapes therefore requires 62. 5 barrels for storage (100,000 / 1,600). Case A Votre Sante Page 11 of 17Ability to focus time and effort on wine making (rather than harvesting and crushing) Creates an incentive for the current grower to control costs The following factors would support AVSs decision to reject the grape purchase Poor quality of the grapes An additional AVS Chardonnay wine creates confusion in the marketplace Lack of control over the harvest and crush process Lack of confidence in the additional sales forecast Inability of the current capacity (e. g. bottling line, space) to support additional production Inability to use the additional barrels purchased in future years Cannibalization of the current Chardonnay, Chardonnay-Estate or Blanc de Blanc sales Reliability concerns with the new supplier Other hidden costsQuestion 4 ABC Quantitative Analysis Teaching Note Exhibit 3 contains the ABC produ ct costing analysis, and shows both the per product line and per unit costs. The ABC essence demonstrates that the Chardonnay-Estate is the most profitable wine for AVS, the Chardonnay-Regular is marginally profitable, and the Blanc de Blanc is not profitable. While Blanc de Blanc is not profitable, a product-line contribution analysis would need to be completed to determine if Blanc de Blanc has a positive contribution margin, and therefore contributes to covering fixed costs of AVS. Case A Votre Sante Page 12 of 17 Question 5 ABC Qualitative Analysis The first part of this question asks for an explanation of ABC, and a discussion of the benefits and costs of an ABC analysis.Relevant points are that ABC is a method of assigning costs that first assigns costs to the activities identified in the business, and these costs are assigned to the cost targets (in this case, the three wines) in a manner which reflects each cost objects use of the activity. Using ABC to assign costs is esp ecially beneficial where there exists either variation in processes or variations in cost object requirements. It is also useful as a tool to calculate activity or process costs, which can act as a benchmark against which to judge future improvements. A well-defined ABC cost allocation will provide more accurate costing information than a less-sophisticated cost allocation system. The costs of ABC are that it is a time-consuming process and it requires a comprehensive knowledge of the entire operation to successfully complete.For a small company such as AVS, software costs would be minimal the ABC system could easily be constructed using a spreadsheet program. After smell at the results of the ABC analysis, it is clear that the Chardonnay-Estate wine is driving the profitability of AVS. The Blanc de Blanc is the poorest performer recommendations to Kay Aproveche would be to explore both pricing and cost control opportunities for the Blanc de Blanc wine. One rule of thumb used in t he wine industry is that the price of a bottle of wine is approximately related to the cost of a ton of grapes by a factor of 100 to 1. If you multiply the $11 price per bottle by 100, the result is $1,100.AVS pays $1,283 for a ton of generic grapes, which suggests that AVS is not receiving enough valuate for Blanc de Blanc wine relative to the price of the grapes. Perhaps AVS is paying too much for this grape, or they are underpricing the wine. The answer to this cannot be fathomed by data in the case, and is contentedness to many other variables (such as strength of the harvest and strength of the wine market) however, it is mentioned here as performance measure that is used in the industry. Although some students will suggest that AVS discontinue producing Blanc de Blanc, because it has a Case A Votre Sante Page 13 of 17 positive contribution margin it would not be to AVSs benefit to discontinue this wine without having a better substitue.Looking at the line item costs, student s should note that the costs for bottles, labels and corks are the same for each of the wines, which may not be correct or appropriate. Students should question whether this makes sense, and note that AVS might decrease costs in the Blanc de Blanc line by buying lower-priced bottles, labels and corks. Another interesting piece of information from the cost analysis is the Wine Master cost and how large it is on a per-unit basis when the number of bottles is low. This helps demonstrate to the students how volume creates economies of scale, and often leads into a discussion about how to expand product lines without incurring additional fixed costs, especially when initial volume is expected to be low.Summary The AVS case is based upon actual wine industry data, although the data has been simplified to reinforce the teaching points and concepts. It is also true to the wine making process, with the exception of AVSs process of making the Chardonnay regular wine from the fermented Chardon nay and Blanc de Blanc wines. This can be done, but most commonly the juice from the wine grapes is combined at the start of the fermenting process, so that they can ferment together. Because of the different yield rates in the fermenting process, the case had the wines ferment separately and blend at the end. The case can be taught in a 75-minute class, or by omitting the decision analysis question 50 minutes would be sufficient.I have also used it to teach the differences between the financial income statement reporting (product and period costs) and the contribution margin income statement reporting (variable and fixed costs), and then assigned decision analysis and/or the ABC costing as an additional assignment. Case A Votre Sante Page 14 of 17 Teaching Note Exhibit 1 Contribution Margin Income Statement Sales Chardonnay Chardonnay Estate Blanc de Blanc Total Revenues Variable costs Grapes Bottle, labels, corks Harvest labor Crush Labor Indirect Materials Liquor taxes Sales Bar rels Total Variable Costs Contribution Margin Fixed Costs Administrative rent & office Depreciation Lab expenses Production office Sales Supervisor Utilities Waste treatment Wine Master Administrative salary Total Fixed Costs Operating Margin price $ 22 $ 16 $ 11 bottles 24,000 $ 9,000 16,000 49,000 $ 528,000 144,000 176,000 848,000 avg. revenue per bottle $ 17. 1 $ 124,000 122,500 14,500 2,400 6,329 147,000 98,000 4,725 519,454 328,546 61. 3% 38. 7% $85,500 + 38,500 bottles x $2. 50 2,000 hours x $7. 25/hour 300 hours x $8/hour bottles x 1. 55/12 $3/bottle $2/bottle 63 barrels x $300/4 years $ $ $ 20,000 8,100 8,000 12,000 30,000 55,000 5,500 2,000 15,000 75,000 230,600 97,946 11. 6% $ 2. 00 per bottle $ $ Case A Votre Sante Page 15 of 17 Teaching Note Exhibit 2 Decision Analysis, Additional Grape Purchase Yield Chardonnay grapes 20,000 2,000 18,000 9,000 pounds loss (10%) yield 2 pounds of Chardonnay grapes per bottle (along with 1 pound of generic grapes) 9000 bottles $14 / b ottle bottlesAdditional Chardonnay Product Line Revenue $ 126,000 Costs generic grapes $ 6,079 bottles, labels, corks 22,500 indirect material 1,163 liquor taxes 27,000 sales distribution 18,000 barrels 975 wine master 5,000 Total costs $ 80,716 Gain from new Chardonnay $ 45,284 Lost Sales of Blanc de Blanc Wine Revenue $ 33,000 Costs generic grapes $ 6,079 bottles, labels, corks 7,500 indirect material 388 liquor taxes 9,000 sales distribution 6,000 Total costs $ 28,966 Lost Contribution Margin $ 4,034 last(a) Impact Required Return Total Net Benefit Pounds of Grapes Maximum Price $ $ 41,250 $ 18,900 $ 22,350 20,000 1. 12 9000 pounds x. 6754 / pound $2. 50 / bottle $1. 55 / case $3 / bottle $2 / bottle 20,000 pounds / 1, 600 each blend 3000 bottles $11 / bottle 9000 pounds x. 6754 / pound $2. 50 / bottle $1. 55 / case $3 / bottle $2 / bottle 15% per poundCase A Votre Sante Page 16 of 17 Teaching Note Exhibit 3 Activity Based Costing Income Statement C Estate Sales Revenue Driver Grapes pounds of grapes Bottle, labels, corks bottles Harvest labor harvest labor hours 1 Tractor Depreciation harvest labor hours 1 Crush Labor pounds of grape crushed2 Crush Equip. Depr. pounds of grape crushed2 Indirect Materials bottles Lab and Supervision bottles Liquor taxes bottles Sales bottles Wine Master blends Barrels percentage of wine3 Holding Tank percentage of wine4 Other Production Expenses Depreciation bottles Prod. Office bottles Utilities bottles Waste treatment bottles Administrative Expenses Admin.Salary % of sales revenue Admin rent & office % of sales revenue Sales % of sales revenue bottles rev. /bottle 24,000 22 $ 528,000 68,400 60,000 8,117 840 1,200 300 3,100 37,800 72,000 48,000 5,000 3,780 308,537 1,959 5,878 2,694 980 11,510 46,698 12,453 18,679 77,830 Total Expenses Operating Margin 397,877 $ 130,123 24. 6% $ $ product line data C Reg. B de B 9,000 16 144,000 23,180 22,500 2,717 281 442 111 1,163 15,750 27,000 18,000 5,000 945 316 117,403 735 2,204 1,010 367 4,316 12,736 3,396 5,094 21,226 142,946 1,054 0. 7% $ $ 16,000 11 176,000 32,421 40,000 3,666 379 758 189 2,067 9,450 48,000 32,000 5,000 1,684 175,614 1,306 3,918 1,796 653 7,673 15,566 4,151 6,226 25,943 209,231 (33,231) -18. % $ Total 49,000 $ 848,000 124,000 122,500 14,500 1,500 2,400 600 6,329 63,000 147,000 98,000 15,000 4,725 2,000 601,554 4,000 12,000 5,500 2,000 23,500 75,000 20,000 30,000 125,000 750,054 97,946 11. 6% $ $ 22. 00 $ 16. 00 $ 11. 00 2. 85 2. 50 0. 34 0. 03 0. 05 0. 01 0. 13 1. 58 3. 00 2. 00 0. 21 0. 16 0. 00 12. 86 0. 08 0. 24 0. 11 0. 04 0. 48 1. 95 0. 52 0. 78 3. 24 16. 58 5. 42 $ 24. 6% 2. 58 2. 50 0. 30 0. 03 0. 05 0. 01 0. 13 1. 75 3. 00 2. 00 0. 56 0. 11 0. 04 13. 04 0. 08 0. 24 0. 11 0. 04 0. 48 1. 42 0. 38 0. 57 2. 36 15. 88 0. 12 $ 0. 7% 2. 03 2. 50 0. 23 0. 02 0. 05 0. 01 0. 13 0. 59 3. 00 2. 00 0. 31 0. 00 0. 11 10. 98 0. 08 0. 24 0. 11 0. 04 0. 48 0. 97 0. 26 0. 39 1. 62 13. 08 (2. 08) -18. 9% per-unit data C Estate C Reg. B de B Case A Votre Sante Page 17 of 17
Monday, May 20, 2019
Organizational Effectiveness Essay
The survival of an formation must have the ability to change with the environment. parvenue generations and advanced technology continue to challenge organizations. To completely gain an understanding on the long suit of an organization, it is authorised to identify the three keystone inflection and bear an example for each. Next, a company will be selected for in specialty and a description of practices that have contributed to the organizations otioseness. The last metric is recognized for the beneficial purpose toward the effectiveness on the organization.Key Metrics and ExamplesBecause managers are responsible for utilizing organizational resources in a way that maximizes an organizations ability to create value, it is important to understand how they evaluate organizational performance (Jones, 2010, p. 15). The three key metrics for an effective organization are control, innovation, and efficiency. The first key metric is control which is delimitate as focusing on the c ustomers, stakeholders, and internal and external resources of the organization. The second key metric is innovation which means the sport or discovery of a new crop. During the innovation of a new product, the organization must and then look into developing new skills and processes for the employees. The third key metric is efficiency which means to stay on top of competitive products, gaining knowledge of new technology, all in a cost effective and well timed(p) expressive style.An example of control is when management takes the action to secure scarce and valued skills and resources from outside the organization (Jones, 2010, p. 15). To provide an example of innovation from an internal address, a manager will evaluate an employees skills and ask them to design a creative product based on their customers needs. An example of efficiency is transfigure skills and resources efficiently into finished goods and services (technical approach) (Jones, 2010, p. 15).Ineffective Busin ess and PracticesAn ineffective business I am beaten(prenominal) with is a county courthouse I worked with for over five years. The practices they were utilizing in their slips was confusing for new hired employees and courtroom staff. each(prenominal) courtroom judge and their staff ran their office differently so the main district clerk office would have to train their staff various ways pertaining to each judge. Information entered into an old software application program was non accurate and documents were stored in folders with mistaken case numbers on slightly case files.Constituents would a great deal miss their court dates due to lack of written communication because the district clerk staff was not mailing out the forms in the appropriate time. Eventually, the courthouse had to benefit in a new technological approach to become an effective organization. The technical approach allows managers to evaluate how efficiently an organization can convert some fixed amount of organizational skills and resources into finished goods and services (Jones, 2010, p. 17).Metrics to Improve EffectivenessThree metrics that are beneficial in measuring technical effectiveness include measuring product quality to be sure it growths, reduce the number of defects, and reducing production costs (Jones, 2010). In this scenario, the measurement of product efficiency and productivity based on inputs and outputs is a beneficial way to measure effectiveness. Goals should be defined for control, innovation, and efficiency based on the focus of technology and the data exchanged surrounded by offices. It is important to increase the completion of files each day with accurate input on a data system. Reducing wide of the mark data or misplaced information for courts will also increase the effectiveness of productivity between the court and clerk offices. The reduction of paper is a production cost if the software application is use to its full capacity.ConclusionThe defini tion of an organization environment is the set of forces and conditions that operate beyond an organizations boundaries but affect itsability to acquire and use resources to create value (Jones, 2010, p. 2). An organization that is willing to reinvent itself as their environment changes will be an effective organization that continues to succeed with their products and value their employees. To measure the effectiveness of an organization, the three metrics must be utilized within the inputs and outputs of processes. A county government office was selected for its ineffective practices but with improvement on the three measurements, the organization has the capability of working in an effective manner that would provide a large amount of revenue after five years.ReferenceJones, G. R. (2010). Organizational, Design, Theory, and Change (6th ed.). speed Saddle River, NJ Prentice Hall.
Sunday, May 19, 2019
Financial assets are made up of securities
Financial assets are made up of securities, stocks and derivatives. These are claims to the interchange flow generated by real, tangible assets which are the lands, buildings and machineries we use. These pieces of paper are how citizens of highly developed countries increase their wealth. wealthiness gene symmetryn involves fortune, for no business activity is certain to provide returns. Financial markets allow investors to participate in money-making ventures without being physically present in the project site.Most risk tolerant individuals prefer stocks, for it has the potential to soften very high returns, while conservative ones go for bonds which provides a steady, fixed income. In this activity, stock trading is the main focus. Objectives Just like any investor, generating cash flow was the primary goal. The amount of cash to be gained from trading should compensate the risk undertaken. The goal was to achieve steady evolution. The expected was return is 40%. after(pre nominal) setting the required return, a portfolio strategy was chosen.Assets were then selected which would comprise the efficient portfolio provides the highest return for a stipulation level of risk. Fundamental analysis was the method employ to pick the stocks. variegation was another tactic used to maximize return while spreading the risk. Construct a portfolio Portfolio construction was a tedious task. I had to weigh the risk and returns, and sometimes, to trust my gut feel. Stock prices, as studies hit shown follow a hit-or-miss walk movement. The approach used was a top-down portfolio construction. A portfolio is basically a collection of enthronisation assets.The type of assets to be held was first determined. It was then followed by security analysis to pick out the stocks deemed profitable. Diversification was one principle used in choosing the stocks. It simply meant that equities from different industries were held in the portfolio so that risk characterization was limited. Shares from the software industry (RIMM, JAVA), arms(SWHC), pharmaceutical (GERN), computer ( bay wreath), insurance (HUM), health care(HMA), power (FL), SAM, metals and mining(AUY, AA) ,oil and gas(IEO), indi crappert fund(SWPIX), cement(CX),AXP Asset psychoanalysis Fundamental analysis was mainly used in the decisions undertaken.This approach uses earnings and dividend prospects of the firm, expectations of future interest rates, and risk evaluation of the firm to determine proper stock prices. It relies on the companys financial health indicators. The stocks annual g course of studyth rate, quarterly earnings records, and P/E (price-to-earnings) ratios were measured. Historical data was also used. One such statistic is the EPS, or earnings-per- package ranking. PALM stocks were bought since the firms return on investment was stated at 2470. 70%. Also, on the day that it was traded, it was lower priced. Smith and Weson, SWHC had a P/E ratio of 5. 50%, an hard roe of 19 .7%. Thus, a total of 4000 shares of SWCH were bought. Alcoa, or AAs ROE was 16. 20%. Its EBITDA was 5. 45 B. Meanwhile, its P/E ratio was 11. 60 and its annual dividend was at . 68 per share. Alcoa looks financially healthy, but was expensive, so only 1000 shares were purchased. Similarly, FPLs ROE was 14. 6%. Its P/E ratio was 12. 7%. Its EBITDA was 4. 47 B. The market values FPL shares highly. But, I institute it unsmart to invest in highly valued stocks, because market perceptions fluctuate wildly. Thus, I only acquired 700 shares of FPL. RIMM had an ROE of 30. 60%. Its P/E ratio was 50%. For me, RIMM shares were really costly.In fact, it was has the highest cost per share in my portfolio. But I was attracted to its financial forecast. Furthermore, its 52 week high was at $148 so I found the $80 per share enticing. I thus bought 1000 shares from RIMM. HUM had an ROE of 19. 9% and a P/E ratio of 18. 00. It was quite overpriced, so I only bought 1000 shares. HMA was the lowest pr iced stock in my portfolio. But, I fixed to purchase it believing that demand for health care services will increase in the costly future. CX, compared with its competitor, Heidelberg cement had higher earnings and historically displayed returns higher than the market average.I bought 1000 shares. I also bought SWPIX, an index fund as a comparison for the return of my trading activities. Event Selection One of the around remarkable news was the launching of PALMs Pre. With the belief that the Pre will be hot in the market, just like Apples I-pod, I bought 4,000 shares from PALM. I deem that the future value of PALM will increase more than two-fold once the Pre is introduced. The hype will push the price of its stock. Thereafter, I can sold my shares at a profit. In addition, the popularity of smart phones, or phones which serve more than just talk of the town devices was forecasted to increase steadily in the near future.Aside from purchasing PALM stocks, I decided to buy shares from blackberry bushs maker, RIMM. News of the global swine flu outbreak prompted me to purchase HMA shares. HMA , a healthcare provider would have more profits if the flu would become widespread. In addition, Citigroup upgraded HMA shares from hold to buy. Meanwhile, the news on the pending cut-rate sale of JAVA drove me to sell my 1000 shares. Monster stocks which were identified two weeks in a row included AUY. The information urged me to buy 3000 shares of AUY.
Saturday, May 18, 2019
How Technology Has Changed Our Lives Essay
Even though it seems like technology has reached its limits and allow stop changing, its still improving and will probably stop improving itself. Just cardinal eld ago, personal computers became small and affordable enough for families to buy and use them at home. Since then, technology has shown no signs of stopping or even slowing down. These days, it seems hard to imagine the original size of computers. Over right a few years, they have become smaller, and much thinner, and even more powerful and faster than always before.When computers were first invented and started being used, Technology advancements have changed our lives almost completely, but not always in a good way. But luckily, there are still many good things that come with technology. Twenty years ago, if someone was to say that almost everyone would have a cell phone, they would have been called crazy. During that time only the richest citizenry have cell phones, and those phones were much different than the ones we have at one time. They were much bigger and could only made calls, they alike had terrible call quality.However, they were still the building blocks of the future and all the phones that we have now. Smartphones can now do almost anything, with Smartphones, we are now able to keep in contact with everyone no field of study where we are. People can talk to their family members around the world or their friends just a few blocks away. Smartphones can also back up with safety, if a person is in danger, instead of having to look for someone to help them, they can just call 911 and get help very quickly. Overall, cell phones have revolutionized the way we amaze connected with friends and family, and have also increased the amount of safety we have with us.
Friday, May 17, 2019
Nordstrom Rewards Its Customers Essay
Nordstrom is a great place to go shopping and receive rewards while spending money. Nordstrom shoppers mechanically become members of Nordstroms Fashion Rewards syllabus when they people sign up for the stores credit. When to each one person accumulates 2,000 points, then they receive a $20 Nordstrom Note, a gift certificate redeemable for Nordstrom switch or services. In the book one of the questions is what are the design characteristics of an effective inscription program. The structure of their loyalty program and how they rehearse the data collected through the program to make informed product, marketing and client experience decisions are key to its success.The stores frequent customers will be able to urinate perks like custom shopping parties and tickets to in-store fashion shows after shelling out just half as such(prenominal) as they used to spend to qualify for rewards. Loyalty marketing is and should always be much bigger than points, thresholds or incentives. It i s about changing and influencing behavior in a proactive manner that creates long brand advocates who, in turn, enter into a dialogue with the brand. Nordstroms program is effective for a turn of events of key reasons. First, even the lower levels of Nordstroms loyalty program are engaging because they finisher meaning(prenominal) soft benefits and because its aspirational, members remain engaged they aspire to be at the higher tiers in the program so they can loll around the bigger rewards.Another question asks is the Nordstrom program worth what it spends to reward customers. I think it does because when you reward your customers then they would want to come into the store and buy their supplies to build up their points. When they do that then they get awards. Example would be I have a credit card and I receive points, the more I spend then the more money I get off from that store. I use my card all the time and I go and pay it off. I would get a credit card from any store I shop at if they reward me to use it.
Thursday, May 16, 2019
Festivals in Davao Region Essay
Held annually in the metropolis of Tagum, Davao del Norte during February 21-27, Musikahan fiesta also known as Musikahan sa Tagum, is a distinct ethnic situation celebrating Filipino morality in unison by dint of composition, capital punishment and production, providing the youth with more opportunities in the music industry as its goal. Local government of Tagum shows musical instruments to cosmos schools aiming to amplify music appreciation and enhance the skills in performance of the youth in the field of music and prepare them for a bright future in music career. Also, Tagum City facilitates the participation of local barangay units in various music competitons not only to enrich cultural literacy but also as an opportunity to gain support in the development projects of local communities.Musikahan Festival is a weeklong musical celebration that also aims to promote Tagum City as the Music enceinte of Mindanao and have now finally made a mark in the music scene as Depar tment of Tourism have officially included the event as one of the countrys pride festivals .Already earning commonism, the urban center of Tagum plans to bid for a Guinness Record for the longest nonstop live concert in the world. Current holder of the title is Japan with a record of 184 hours. About 5,000 members of contingents from the cities of Cagayan de Oro, Malaybalay, Marawi, Cotabato, Butuan, and Davao, of participants alone not including the visitors, deal in various musical contests which is expected to triple the income of business establishments in Tagum City. Musikahan Festival also aims to provide employment and livelihood for the townspeople.The City of Tagum claims that visitors who would take part in the celebration will be the rush for the city to have substantial multiplier effect to its businesses for they are sure to buy goods in the markets. Revelers outhouse avail food at reasonable prices as booths are scattered in almost every part of the venue during the Musikahan Festival. Holding of the event is also an opportunity for tourism investments for hotels and malls, which is continously flourishing along with the citys development. Among the festivals highlights are the Battle of the tidy sums which divided into three categories Folksong / Acoustic / Bossa Nova, Reggae / Ska / Emo, and go / Rock / Alternative category, the Drum and Bugle Corps / Chorale Competition category, and the Marching Brass Band Competition.Kadayawan FestivalFrom Wikipedia, the free encyclopediaJump to navigation, searchThe Kadayawan Festival is an annual festival in the city of Davao in the Philippines. Its name derives from the fri stopping pointly greeting Madayaw, from the Dabawenyo word dayaw, meaning good, valuable, superior or beautiful. The festival is a celebration of disembodied spirit, a thanksgiving for the gifts of nature, the wealth of culture, the bounties of harvest and serenity of living.Indak-indak sa Kadalanan.Indak-indak sa Kadalanan.Ka dayawan Festival 2012Kadayawan Festival 2012Kadayawan Festival 2012Davao Events and FestivalsDavao, Philippines offers visitors a rich array of events and festivals throughout the year that highlight its unique cultural identity and history. HotelTravel.com highlights the key events and festivals in Davao from month to month, providing visitors with a huge choice of possible choice to play that once in a lifetime holiday around. Each one brings to life why Davao is so representative of people from Philippines. piffle the events and festival links below for further information. Davao has a busy calendar of events which includes both holidays that are illustrious by the entire domain and a alteration of celebrations that are exclusive to the region. Religion plays a life-size part in local festivities, with the largest events generally revolving around Roman Catholicism. Below are the most popular festivals savored across the Davao region.JanuaryNew Years daylight Davaos reside nts celebrate the arrival of the New Year with a day off work and the chance to relax and enjoy get-togethers with friends and family. Araw ng mga Natibo otherwise known as the Day of the Natives, this distinctly regional event sees members of the Tagacaolos, Blaans and Manobo tribes come together to celebrate their respective cultures through performances of ethnic singing and dancing, and the unusual spectacle of horse fighting.FebruaryPeople Power Day Davaos residents join the nation in enjoying a public holiday in remembrance of the 1986 People Power Revolt.MarchAraw ng Dabaw Davao City celebrates the historic event when the city received an official charter. For a week, the locals enjoy a variety of festivities including horse fighting, ethnic rituals, a beauty contest and grand parade.AprilEaster Locals are predominantly Catholic and so attend Holy Week services, culminating in Mass on Easter Sunday followed by celebrations with family and friends. Bataan Day Davao locals enjo y this national holiday in remembrance of those who gave their lives in battles against the Japanese for control of the Bataan peninsular at the start of WWII.MaySummer Island Festival the third week of the month sees this popular event based at Samal Island in Davao. Locals and visitors assemble to enjoy cultural performances, banca racing and water sports competitions.JuneSantacruzan locals don brilliantly coloured outfits and re-enact St Helenes discovery of the cross of Christ. The event takes place in the residential areas of Belisario Heights and Lanang, which sack be found a short distance north of Davao City. Tabanogan Festival the feast of St Peter is celebrated in Davao with a number of festivities, among the most notable being the kite flying competition in which locals showcase their talents in this age-old activity. Independence Day the 12th of June is a national holiday and sees residents of Davao enjoy a day off work to celebrate the countrys anniversary of the Phil ippine proclamation of Independence from Spain.JulyAraw ng Davao del Sur, Davao del Norte, Davao Oriental this is the annual celebration of Davaos division into the three independent provinces of del Sur, del Norte and Oriental. A variety of festivities are enjoyed including horse fighting displays, beauty pageants and tribal dance performances. Filipino-American Friendship Day the ballock Declaration of Independence from the United States is celebrated across the country on the 4th of July. Davao residents enjoy a day off work.AugustAraw ng mga Bayani otherwise known as National Heroes Day, this is a public holiday enjoyed by all on the 26th of August. Kadayawan sa Dabaw in the second week of August, this festival is enjoyed by locals with a variety of events including a beauty pageant, ethnic performances, a fruit and flower show and more. folkOsmea Day this national holiday commemorates the now deceased fourth President of the Philippines, Sergio Osmea.OctoberRamadan a teeny-w eeny percentage of Davaos residents are Muslim and therefore celebrate the Islamic month of abstinence called Ramadan. Locals wipe out sparingly and avoid indulgences of any kind for the duration of the period.NovemberEid ul-Fitr the Muslim residents of Davao mark the end of the Ramadan period with get-togethers and family feasts. Bonifacio Day the birth date of Filipino revolutionary leader Andres Bonifacio is celebrated by residents of the Davao region.DecemberLopez Jaena Day the life of Graciano Lpez Jaena, one of the countrys most significant historic figures, is celebrated on the eighteenth of December. Christmas beginning on the 15th of the month and lasting until the 31st, Paskuhan sa Dabaw is the countrys official Christmas season. The period is attach by a variety of festive events. New Years Eve (Bisperas ng Bagong Taon) is the official end of year celebration and sees a variety of festivities enjoyed across the Davao region. Davao City is particularly lively, holding va rious parties and position on fireworks displays in a number of locations.
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